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Preforeclosure Homes in Butler, NJ

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Butler, NJ Foreclosures

How much do homes sell for in Butler, NJ?
The average home price is currently $604,882.
In Butler, NJ, how many homes are available?
There are currently 28 active home listings available in Butler.
What’s the average rental cost in Butler, NJ?
The average rental price in Butler is $2,158.
What is the most expensive home in Butler?
The most expensive home sold in Butler had a price of $34,106,462.
What is currently the cheapest priced home in Butler, NJ?
The cheapest home for sale in Butler is priced at $17,834.

Living in Butler, NJ

Butler, NJ, is a charming borough in Morris County that offers a family-friendly environment, scenic parks, and a strong sense of community. With easy access to transportation, it's a perfect place for commuters who still want the comfort of suburban living. Residents enjoy local amenities that enhance their lifestyle, along with a commitment to quality education in the area.

Current Market Conditions in Butler, NJ

The real estate market in Butler, NJ, is currently experiencing a steady demand, mainly due to its appeal as a suburban location with strong community ties. Home values have been appreciating modestly, reflecting a combination of low inventory and a constant influx of buyers seeking family-oriented neighborhoods. The market remains competitive, especially for single-family homes that offer ample outdoor space.

Overall, there is a growing trend of families moving into Butler to escape the hustle and bustle of larger cities while still enjoying a close-knit community atmosphere. Home sales have increased over the past year, driven by low mortgage rates and the desire for more spacious living during and after the pandemic.

Home Value Estimator For Butler, NJ

There are currently 2,758 real estate properties in Butler, NJ, with a median automated valuation model (AVM) price of $544,049.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Butler, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Butler, NJ, is $604,882.00, with the most expensive house in Butler, NJ, topping out at $34,106,462.00 and the cheapest home in Butler, NJ, clocking in at $17,834.00. In other words, there’s something for every potential homebuyer or savvy investor in Butler, NJ!

Rent Prices In Butler, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Butler, NJ, is on a rollercoaster ride. The average rent price in Butler, NJ, is $2,158.00. Indeed, when looking to rent in Butler, NJ, you can expect to pay as little as $1,080.00 or as much as $4,110.00, with the average rent median estimated to be $2,150.00. The good news is that finding an affordable and desirable property to rent in Butler, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Butler, NJ Preforeclosure Homes


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